Yang Ming Marine Transport Corporation (Yang Ming) held its 322nd Board Meeting on August 10, 2017 to approve its first half 2017 financial report.
The Q2 consolidated revenues total NTD 33.2 billion (USD 1.1 billion), up 19.65% from the same period over the previous year. The business volume of 1.15 million TEUs rose 6.81% year-over-year. Also, the net loss for Q2 was slashed year-over-year by 90% to NTD 445 million (USD 14.7 million). Compared to its net loss in Q1 2017 (NTD 901 million (USD 29 million)), Yang Ming’s net loss for this quarter shrunk by 50.6%.
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